Year over year, redemptions increased 30.5%
Reforms aim to address challenges that arose during 2020 market stress
The sector's assets and share of global assets dropped last year, according to the FSB
Industry trade groups remain hesitant about sweeping reforms
Assets drop as mutual funds remain in redemptions, ETFs stay positive
High valuations curb return potential despite strong economic growth
Profits face further pressure as deposit rates continue to increase
Mutual fund redemptions rose in September, and ETF sales gained
In challenging markets, mass retail firms face greater pressure on fund flows
Offshore investors pile into corporate and government bonds in July